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The density of Douglas firs in an old-growth forest is estimated by counting the Douglas firs in four sample plots of 1 hectare each. The number of fir trees in the plots is 10, 12, 7, and 11, respectively. What is the estimated density of firs in the forest?
Market Security
A financial instrument such as stocks, bonds, or any tradable financial asset that is bought and sold in a financial market.
T-Bill
Short-term debt obligations issued by the U.S. Treasury with maturities of one year or less, serving as a low-risk investment.
Maturity
The date on which the principal amount of a financial instrument becomes due and is repaid to the investor.
Face Value
The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing the amount to be returned to the holder at maturity.
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